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3054 Mountain Terrace Street

3054 Mountain Terrace Street, Memphis, TN 38127
House in Alta Vista
Sold Oct 15, 2020
$59,000
$47,000 by Landmark Community Bank
Mortgage
Sold Oct 14, 2019
$30,897
Local assessors in Memphis, TN have categorized 3054 Mountain Terrace Street as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 20,250 square feet. The linear feet between the front and back of the lot was measured at 2,250 ft and the front of the lot was measured at 900 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3054 Mountain Terrace Street has a total of 1,192 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. The property was last sold in Oct 13, 2020 for $59,000. That's $49.50 per sqft. Prior to that sales transaction, the property was also sold in Sep 26, 2019 for $30,897. 3054 Mountain Terrace Street was last assessed in 2022. The total value of the property was assessed at $14,625. Specifically, the land the property is located on was valued at $2,175. While improvements on the property were assessed at a total of $12,450. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $891. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 20,250
  • Lot Size Depth Feet: 2,250
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,192
  • Gross Building Area: 1,192
  • Building Area: 1,192
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,192
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAHAM HEIGHTS
  • Land Acres: 0.465
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BALKUNAS KENNETH G
  • Current Owner 2: BALKUNAS HEATHER R
  • Previous Owner : BATEN RASHAAD LAVAR
  • Previous Owner 2: EUAVIJTEAROON BATEN PARAWEE
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 010220

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 07-2062-0-0087
  • Lot: 37
  • Municipality: MEMPHIS
  • Latitude: 35.2089
  • Longitude: -89.9846

    Address

  • Full Address: 3054 Mountain Terrace St
  • Address - House Number: 3054
  • Address - Street Name: Mountain Terrace
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C028
  • 4-Digit Zip Code: 6708
  • Zip Code: 38127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $891

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 394,233
  • High Value: 573,533
  • Low Value: 214,932

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $47,000
  • First Open Lien Mortgage Lender: LANDMARK COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Oct 15, 2020
  • First Open Lien Mortgage Loan Amount: $47,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $58,500
  • Market Land Value: $8,700
  • Market Improvement Value: $49,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,625
  • Assessed Land Value: $2,175
  • Assessed Improvements Value: $12,450

    Sales

  • Current Sale Contract Date: Oct 13, 2020
  • Current Sale Recording Date: Oct 15, 2020
  • Current Sale Transaction ID: 11791859832
  • Current Sale Price: $59,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20113446
  • Previous Sale Recording Date: Oct 14, 2019
  • Previous Sale Contract Date: Sep 26, 2019
  • Previous Sale Amount: $30,897
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LANDMARK COMMUNITY BANK
  • First Mortgage Transaction Date: Oct 15, 2020
  • First Mortgage Loan Amount: $47,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Frayser - Raleigh PD



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Frequently Asked Questions

What neighborhood is 3054 Mountain Terrace Street located in?
The 3054 Mountain Terrace Street is a house located in the neighborhood of Alta Vista in Frayser - Raleigh PD, Memphis.
What is the average sales price for listings in 3054 Mountain Terrace Street?
The average sales price for units in 3054 Mountain Terrace Street is $0 currently.

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